Internal Assessment-I B.A.

Program
Economic Development and Policy in India-II Semester-VI

Deadline: 01/04/2024

INSTRUCTIONS:

▪ Q.1 is compulsory
▪ Out of Q.2. to Q.5.attempt any TWO.
▪ The questions must be answered strictly in relation to the prescribed reading and not from
any other source.

COMPULSORY QUESTION:

1. Write short notes on any TWO of the following: (800-900 words each):
a) Interest rate and exchange rate channels of monetary policy transmission
b) Changing significance of farm activities in rural India
c) Flexible Inflation targeting
d) Performance of Land Reforms

Answer any TWO from the following questions: ( approx. 1500 words each)

2. Explain the central aspects of macroeconomic stability in context of India with a special
focus on the role of fiscal policy in this context.

3. Explain the procedures used by Chand et al to estimate farm income for period 1983-2012.
What are the major trends for farm income and their causes?

4. Discuss the evolution of monetary policy framework in India. What is the role of the MPC In
the present context?

5. The growth of agricultural and allied sector has been marked my different drivers in different
phases. Elaborate on this statement.